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-founder of the political economy research institute at umass, a very important research institute backed does excellent academic scholarship with a public purpose. bob's books include a number of looks, contours of descent on the u.s. economy and in 2003, two books on the living wage, 1998 book of the living wage, building a fair economy and a reasonably measure of fairness, the economics of the living wage and his most recent book is the topic for tonight, "back to full employment." i just want to add that bob's work on the living wage has been very very important. he has been probably the leading researcher on this important issue. has written numerous papers and reports in addition to his books and has traveled to cities across the country to speak about the living wage and has testified before many city councils who were considering a living wage proposal and i think this is a really important contribution and i just want to acknowledged that. bob's recent work is focused on the green economy and the achievement of the twin goals of sustainable energy and full employment. there are numbers of repor
to be fiscally responsible and reduce the deficit. to make velft to grow our economy and to meet our obligation to our seniors, to our families and to our future and the republican budget fails all three. republican budget threatens our nation by undermining our economic growth and by shifting the financial burden for the deficit, and the deficit reduction, to our seniors and the middle class. republicans have made their choices clear, end medicare as we know it, adding costs to seniors today and ending the medicare guarantee tomorrow, slashing investments necessary for economic competitiveness and giving millionaires an average of $400,000 in tax breaks. republican budget eliminates protection for millions of our sickest seniors who depend on nursing home and home health services and republican budget will increase taxes for average middle-class families by $3,000. their choices will cost two million jobs next year alone and decrease economic growth by 1.7%. in contrast, the democratic alternative present serves -- preserves the medicare guarantee and makes investments in education, innovation
it is important to realize that it is possible to make investments in our economy today, create jobs, repeal the sequester, and still reduce our deficit in a responsible and laled way. -- and balanced way. in closing i urge my colleagues not to be scared by the rhetoric that sometimes we hear. instead, i urge my colleagues to support one of the multiple budget proposals that reduce our deficit responsibly while creating jobs today and protecting the important programs like medicaid and medicare for generations to come. i yield back the balance of my time. the speaker pro tempore: the gentlelady yields back her time. the gentleman from georgia. mr. woodall: thank you, mr. speaker. i yield myself such time as i may consume. i thank the gentlelady for being with me on the floor today. i'll say that we sometimes have some controversy in the rules committee, mr. speaker. there is a lot of responsibility that lies in the rules committee. with 435 folks here in this chamber. we all would like to have our say. we'd all like to have our say probably more than once. and the rules committee's tasked wi
of a balanced approach that protects the american economy, the ryan republican budget guts education, medical research, infrastructure and even public safety. the ryan republican budget would actually jeopardize the economic recovery. it wouldn't help it. and in case you're thinking it -- huge and painful cuts can buy an awful lot of deficit reduction, think again. instead congressman ryan's cuts will buy more tax breaks for the wealthiest among us. this budget isn't a serious attempt to reduce the deficit. meaningful deficit reduction will require shared sacrifice, including contributions from those who can best afford to contribute. today budget committee chairman patty murray will introduce a budget that reflects the principle of balance. senator murray's plan, the democratic plan, will cut wasteful spending, reduce the deficit and close tax loopholes that benefit the rich. and it will invest in the things that help our economy grow: education, preventive health care, worker training, roads and bridges. it will invest in a strong middle class. and unlike the ryan republican plan, it won't
reserve's two day meeting on the economy wraps up. that begins at 2:30 eastern time. >> coming up, the head of immigration and customs enforcement testifies about the release of nearly 2000 immigrants because of budget constraints. the 2014 budget plan put out by chairman paul ryan would balance the budget in 10 years and put in place medicare changes. the chamber should finish work on boating on the measure on wednesday. here is tuesday's debate. mr. ryan: i bring forward and present the budget resolution for the fiscal year 2014. we believe that we owe the american people a responsible balanced budget and that is precisely what we are bringing to the floor today. our budget balances the budget within 10 years and it does so without raising taxes. balancing the budget will help us foster a healthier economy, it will help us create jobs. in fact, two leading economists released a study analyzing our budget and its positive effects on the economy and jobs. in the first year they said it would, quote, boost the economy immediately, increasing both of our economy by a whole percentag
. because obama didn't learn the lesson from reagan that if you want to turn the economy around, you cut taxes, you reduce spending, you reduce the debt and don't send regulators like locusts to destroy small businesses and jobs. [ applause ] do you know if president obama had followed the reagan policies and we had seen the identical growth that president reagan saw inheriting the same lousy economy barak obama did, do you know that today we would have 7 million additional new jobs in america? let me help make that a little more concrete. 7 million new jobs is the equivalent of giving a job to every man, woman and child in chicago, houston, philadelphia, and boston. that's what we're talking about. [ applause ] and the stagnation under president obama doesn't fall uniformly. listen, if you so happen to be a tax lawyer or an environmental lawyer, you're doing great right now. but i'll tell you the people who are hurting the most are those who are struggling in the least well off amongst us. under president obama, hispanic unemployment climbed to 10%. african-american unemployment to 14%.
to the sequester republicans will not replace. just as the economy is improving for our neighbors and small businesses back home. in contrast, the democratic alternative will cren rate 1.2 million more job, stop the sequester and in committee, democrats proposed to close those special interest tax loopholes that riddle our tax code, republicans said no. democrats proposed to offset unwise republican cuts to medical research like alzheimer's, cancer, diabetes research at n.i.h., republicans said no. democrats tried to cut the special interest spending in the tax code to offset republican cuts to students who rely on pell grants but republicans said no. mr. van hollen: i yield the gentleman another minute and a half. the chair: the gentleman is recognized. ms. castor: the democrats in the budget committee proposed to strengthen medicare and replace the republican plan to turn medicare into a voucher program. all it does is simply shift the cost tour families and older neighbors. mr. speaker, this republican budget is not consistent with american values. it is not fiscally responsible. it is a
are for better or worse, ingrained features of the american economy. since when did cutting the deficit become such a big budget priority. we'll discuss the gop's attention deficit disorder when the ranking member of the house budget committee, congressman chris van holland joins us, just ahead. >>> time for the your business entrepreneur of the week. las vegas anesthesiologist took his experience in the e.r. and created a hangover cure, using an iv-administered formula. he put it on a bus, treating suffererses up and down the strip. we're here! we're going to the park! [ gina ] oh hey, dan! i really like your new jetta! and you want to buy one like mine because it's so safe, right? yeah... yeah... i know what you've heard -- iihs top safety pick for $159 a month -- but, i wish it was more dangerous, like a monster truck or dune buggy! you can't have the same car as me! [ male announcer ] now everyone's going to want one. let's get a jetta. [ male announcer ] volkswagen springtoberfest is here and there's no better time to get a jetta. that's the power of german engineering. right now lease on
a campaign on jobs and the economy, jobbing and the economy, jobs and the economy and beat that drum until i beat people into sleep. that's part of it, all right, but all of the rest of this has to be added together, or we can never reconstruct this country. we will not get the pillars of american exceptionalism back together. [applause] unless we have the full spectrum. if we can restore our families and strengthen our faith and protect innocent, unborn human life instead of assaulting it with a half a billion dollars appropriated to planned parenthood in a single year. that's gotta go. obamacare has got to go. [cheers and applause] we can't let up on obamacare and believe that somehow we're going to capitulate to that side because the roads are vitality, and it is an unconstitutional taking of god-given american liberty, and it's got to go. [cheers and applause] ronald reagan omelet me down a couple -- only let me down a couple of times in eight years. one of those was 1986, and i still had the dent after i heard on the news he had signed the amnesty act of 1986. but it was on the promise
insolvent. the banks in cyprus are huge, eight times the size of the economy. consider that here in the united states. our banking system is roughly one-time the size of our economy. what we're waiting to see next are they going to get this through parliament and get it done? it is so controversial they're trying to find out different ways to make it less controversial. impose the tax on larger shareholders to a much greater degree. it was originally 9.9% and you go to 12%. if you didn't want to tax the small guys at all you'd have to go to 15% or 16%. this is the scene when the president walked into the palace headquarters. there were people there with no written on their hand and this says merkel stole our money. keep in mind, european union will still give them 10 billion euros and they were trying to come up to reduce the original size from 17 billion euros. the other thing to keep in mind, by taxing depositors they're taxing a lot of foreigners and a lot of russians who had kept their money. the thing is will the rest of europe, will small depositors across the rest of europ
in washington. is something going to get done this year, and would a balanced budget hurt the economy? joining me for debate, the republican wlip in the house, kevin mccarthy, and the top democrat on the budget committee, congressman chris van hollen. >> we'll talk about the future of the republican party, and republican governor scott walker of wisconsin will join the conversation. walker of wisconsin will join the conversation. [ kate ] many women may not be absorbing the calcium they take as well as they could because they don't take it with food. switch to citracal maximum plus d. it's the only calcium supplement that can be taken with or without food. my doctor recommends citracal maximum. it's all about absorption. licking the cream off these oreo cookies. that's stupid. you're wasting the best part. shuh, says the man without a helicopter. wait, don't go! [ male announcer ] choose your side at to chart a greener path in the air and in our factories. ♪ to find cleaner, more efficient ways to power flight. ♪ and harness our technology for new energy solutions. [ female annou
this year? and would a balanced budget hurt the economy? joining me kevin mccarthy and the top democrat on the budget committee, maryland congressman chris van hollen. a little later, our round table will be back talking about the future of the republican party, and republican governor scott walker of wisconsin will join the conversation. and let in real people. it smells good. like laundry fresh out of the dryer. a man fresh out of the shower. nailed it. proof. febreze car vent clips keep your car fresh. breathe happy. i honestly loved smoking, and i honestly didn't think i would ever quit. [ male announcer ] along with support, chantix (varenicline) is proven to help people quit smoking. it reduces the urge to smoke. it put me at ease that you could smoke on the first week. [ male announcer ] some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice any of these stop taking chantix and call your doctor right away. tell your doctor about any history of depression or
revenues. it would cut waste, add jobs and spur economic growth of the economy. it would reduce the deficit by an additional $1.8 trillion without jeopardizing the recovery or harming the middle class. it includes $1.2 trillion in new revenue obtained not by tax increases but by closing loopholes and eliminating wasteful spending that benefits the wealthiest americans and the largest corporations. it eliminates $4 billion in annual tax breaks to the oil and gas industry, an industry that is making profits. they don't need a tax break. in fact, they're making enormous profits. so, why does the ryan budget give them a government subsidy? the democratic plan invests in infrastructure, education, job training and innovation. it is designed first and foremost to help create jobs and strengthen the economy. the house democratic budget also makes critical investments in our future. $200 billion is invested in infrastructure, education, job training and innovation. helping to create jobs and strengthen the economy. these investments include $80 billion for an education jobs initiative, $50 billion
to us that -- quote -- "the need to transform the world's energy economy while addressing global climate change is not only a religious and moral imperative, it is a strategy for security and survival. the united states conference of catholic bishops says that -- and i quote -- "at its core, global climate change is not about economic theory or political platforms, nor about partisan advantage or interest group pressures. it is about the future of god's creation and one human family." the bishops asked congress to consider seven principles in shaping responsible climate change policies. one, addressing global climate change means protecting the common good. two, climate change will hit the most vulnerable communities the hardest. three, we must seek solutions that enhance rather than diminish the economic standing of the poor. four, new resources must be made available to poor communities to adapt to the effects of a changing climate. five, we must protect vulnerable people from the negative human health effects of climate change. six, local affected communities should have a voi
, and middle-class alike. economy isar as the concerned, we are to come together and make it grow. people have been coming out of prison who have been locked up for years and have no sense of direction for what they will do when they get out, just because jobs require certain backgrounds. the money that we pay the why don't we use that to provide a job where everybody gets an opportunity to get off welfare and food stamps? a program should be put in place for those on financial assistance from the government to do some type of work, to earn what they get. those incentives that are being given could be used to develop the economy. thank you, c-span. host: on twitter -- al writes about cpac. that the editorial this morning on cpac from al cardenas as cpac joins its 40th year. travis is on the republican line. caller: there should be a progressive tax on revenue. and i would like to see campaign funds taxed. on the second amendment, it's as we shall not have any infringement [indiscernible]. take care. host: this remark from liz smith -- "usa today" has a story getting attention this friday morni
they need to compete in a very tough economy. today the federal government currently operates more than 50 different job training programs, many of which are duplicative. at a cost of $18 million annually to taxpayers. with nearly 20 million americans unemployed or underemployed, it's time to cut through the red tape and start training individuals with the skills they need to find high-paying middle-class jobs. mrs. wagner: that's why the house will take up the skills lap, which overlaps training programs which eliminates unnecessary red tape so state and local resources goes directly to job seekers. according to the report released by st. louis community college, 76% of employers said that employees lack proper training to contribute right away on the most important demand certificates for job openings were for registered nurses. the skills acts addresses those needs. we need to invest in nurses, manufacturing assistants and cut the ineffective government programs that do little to train employees for the skills they need. i yield back. the speaker pro tempore: the gentlelady yields back
president obama entered office facing massive deficits and an economy that was shedding hundreds of thousands of jobs per month. now we've made progress towards getting our debt and deficits under control, and we've added back jobs, but the recovery isn't as strong or as fast as it needs to be. millions of workers continue struggling to get back to work, and we still have some very serious challenges when it comes to our medium- and long-term deficit and debt challenges. in the coming weeks and months, we will be asked to make tough choices as we work to tackle these challenges responsibly. this process is not going to be easy. there's a serious difference of opinion about what our government should be doing to keep our economy and our national finances moving in the right direction. one approach is to follow a path back to the economic policies of the last administration. this is the path to more tax cuts for the rich but less opportunity for the middle class to get ahead. it is a path not to prosperity, which can only truly be built from the middle out, but to the deterioration
care, and the future of the economy in europe, people at the event told us the tone was encouraging. >> the economy is in the process of healing. the economy is better, it has a ways to go, unemployment is a couple percentage points lower than it was. it was the stanford institute for economic research. the summit is in the 10th year. >>> on keat is -- wall street closed a little bit lower. >>> from a u.s. marine to the san jose police force, one of dozens of stories at the police academy graduated a new closs. how this graduation comes after years of cut backs. >> 43 men and women entered this hall as civilians and they lefts asworn police officer. this is san jose police academy class 18. two women and 41 men marched into park side hall to graduate after the toughest six months of their lives. >> i prefer to think of the last six months and what we have accomplished. we're peace officers, we're realizing our dreams. >> it will be a big honor to be a part of this. 33-year-old matthew barerra joined the department after spending years in the marin
of the economy is about 18 billion euros, so the banking industry is four times the size of the economy. if you allow the banks to fail, much like letting citibank or jpmorgan here in the united states, that would have significant repercussion the in the economy. connell: where do you stand on the idea of the con cement spreading? could it happen in other countries was the question asked, it seemed like, in the markets this morning if it goes through on cypress, on to the next guy and next who have problems? >> that's a legitimate concern that the architect or one of the principle architects here, the imf, the ecb, and the european union and germany with a strong hand there. if they force this upon one country, who is to say they couldn't force it upon a larger, more important country? if europe were able to execute a plan like that, who is to say that the united states wouldn't look and say, well, they did it in europe, why couldn't we look here? connell: rule of law question; right? >> exactly. dagen: what's the solution? somewhere between forcing the haircut and letting banks fail? where is
country, our economy, our constituents, our friends and our neighbors. it is the single greatest threat to our economy and to our health care system. eventually, madam president, obamacare will be repealed. the american people will see the damage it does and demand that we scrap it and start over, but for now, we must at least defund it, at least for the life of this continuing resolution for the remainder of this fiscal year. senator cruz and i have been assured this amendment will fail and that obamacare will move ahead as planned. if that is the will of the senate, then so be it, but what obamacare does start to break down, when waiting times start to grow, when costs start to explode, when taxes start to rise, when doctors and nurses start to quit, when hospitals start to close, when businesses start to shutter, when patients and families truly find out what's in this bill, then the american people will know who is responsible for the catastrophe of obamacare and who, like the gentleman from texas, tried to help. madam president, a few years ago when then-speaker of the house nancy
for this mess. no more taxes. we cannot take it in a bad economy. who knows what corn to happen in budgetary fluctuations between today and 10 years from today? entitlements is a very nasty way of saying we have to take something you ever earned and take it back because we cannot decide what to do with your money in the first place. i think the president is wrong. i am a democrat, but i don't support his ideas. tax-and-spend, tax-and-spend. the ryan budget is thdoa. this is too much, too late. who knows what is going to happen between today and 10 years from today? hopefully, i will be alive to get what i earned. i would rather be in my > to continue seeing this misery that the u.s. congress and this president and his health care act needs to be a pair back. it's not going to work. host: david on our independent line from mclean, virginia. caller: i have some questions. it's your guests along the line? host: we're just taking calls right now. our first guest is about a half- hour. caller: one, we would like to get clarification on the senate's passing the budget through an act of reconciliat
, health care, and the future of the economy in europe, people at the event told us the tone was encouraging. >> the economy is in the process of healing. the economy is better, it has a ways to go, unemployment is a couple percentage points lower than it was. it was the stanford institute for economic research. the summit is in the 10th year. >>> on keat is -- wall street closed a little bit lower. >>> from a u.s. marine to the san jose police force, one of dozens of stories at the police academy graduated a new closs. how this graduation comes after years of cut backs. >> 43 men and women entered this hall as civilians and they lefts asworn police officer. this is san jose police academy class 18. two women and 41 men marched into park side hall to graduate after the toughest six months of their lives. >> i prefer to think of the last six months and what we have accomplished. we're peace officers, we're realizing our dreams. >> it will be a big honor to be a part of this. 33-year-old matthew barerra joined the department after spending years in the marine corps. i've seen e
are not helping people to improve their conditions. the scandals have devastated our economy. host: thank you very much for the call. this is a profile on the snap program in rhode island. it is an ackerman for the supplemental nutrition assistance program. let us go to jason from britain, new jersey. caller: thank you for this great topic. i think it is one we can all relate to because everyone has to eat. it all starts with food. athink the first lady has set good example with the garden she is growing behind the white house. given to allwas americans to grow a garden. this could wipe out the hunger problem probably within one growing season. some type of tax incentive, some the of extra tax on corporations and oil companies that are getting subsidies. take a small fraction of that away. give that to citizens to grow food. around in onethis season. this is an opportunity out of anniversary -- this is an opportunity. out of adversity comes opportunity. it is a travesty to see americans going hungry. these are programs i did not even get interested in. it is easy for us to blame government. let us
is the security industry as a more efficient supplier of funds to the real economy than banks. it's simply less costly to sell bonds, notes and commercial paper to investors and to borrow from a bank. the mid-1980s intermediating transactions, the security industry has supplied 15 times more financing to the real economy and banking and has done so without government regulation. when the financial crisis came, lipid regulated investment aches like bear stearns, lehman brothers and merrill lynch did no worse than heavily regulated fdic insured commercial banks like waconia, washington mutual and indie mac. it's hard to see more and tighter regulation is the end there. what we are watching the name of prudential regulation is the government squeezing the life out of the banking industry through the interstate commerce commission gradually squeezed the life out of the railroads. if we let the government insurance provide regulation to the security business for some regulators have now proposed will pay a heavy price in lost economic growth. finally, it even natural supporters of free-market and me
. mr. thompson: the only way to get our economy growing stronger is take an honest account of the fiscal problems we face and put forward policies to address these challenges. it's called budgeting. a fundamental part entails writing and passing a budget, something we haven't seen the senate in four years. four years, that's how long americans have had to wait for the senate to perform its most basic function as a legislative body. before today, the only thing certain was that the senate would not consider a budget. today, the senate democrats introduced a budget and i'm glad they did. it's about time. unform after reviewing their proposal, the only thing certain is that their budget will never balance. we owe the american people a responsible balanced budget. the house budget introduced yesterday, balances the budget in 10 years. the senate democrats' proposal never balances ever. a balanced budget will foster a healthier economy and create jobs, madam speaker. the american people elected us to lead and put forward solutions and not hide from the challenge and posture for
economy and i suggest even our very way of life. we need a whole of america solution to this national problem, and the department of defense absolutely has a critical role to play in that effort. if you believe that the d.o.d. has a vested interest in having reliable sources of energy, you should agree that new fuels meet their needs. as i mentioned, we're all concerned about the effect of sequestration on our troops, but we can't solve our problems with the same kind of shortsighted thinking that got us here in the first place. killing the navy's boistles program -- biofuels program, make no mistake, that's what this this amendment would do, will cost more money than it saves. it will set back an destroy poised to provide our country with enormous and important benefits. and it will make sure, it will ensure we keep pouring money into foreign coffers. i want to urge my colleagues to continue to support smart investments in our future like the navy's biofuels initiative. therefore i urge my colleagues to oppose the toomey amendment. mr. president, thank you for your attention. i yield
a crazy for years with the economy. we went to the financial crisis and the deficit kind of blew out. i think that democrats are finally trying to get back in regular order in the senate. max baucus is an interesting figure. they can do any tax changes or it entitlement changes that went through the committee. so he is sitting back and waiting for the issues to come to him. he has already had tax reform hearings. so he is one that will watch this move forward. >> democrats need only 51 votes to pass the budget outline. no doubt it will, but we can't wait to see which senators get lined up as potential sacrifices. the senators running in 2014, mary landrieu, mark begich of alaska, they might get a pass from harry reid. >> that is right. they control a couple of things, but we know that republicans are struggling with the same issue. the president is trying to give someone public and senators to work in a bipartisan way. but there's a lot of consternation in the house about house republicans. going after conservatives who look at tax increases as part of a deal. there is pressure from the
and the economy, support for proxies'. if you had the opportunity to sit quietly with the supreme leader of iran and talk to him, talk him out of whatever he appears to be intending to do, what would you say to him about u.s. intentions at u.s. cooperation with our partners in the region? >> i would send dennis rodman over there. [laughter] the truth is the first thing i would do i would ask why they are doing what they're doing and i would like to hear it from him personally. because we know of course what his surrogates and proxy's are doing. i would like to know from him they close by the way, you know in that region that the three countries that have always been country, iran, turkey, egypt, they are the cornerstone of that region. it does not mean that we want to be like them or anyone want to be like them, but we have to account for the fact that those three countries are the historic cornerstones or and points of that region. the first thing i would like to is what is a they believe the future holds for the region and why are they apparently, it seems to me, on a path to try to dredge up
in jobs in the economy, and closes loopholes and preserves the middle class' ability to grow and proceed. so, we now are, you know, in this 30-hour thing. we could actually be debating the budget while those 30 hours tick. we don't have to be sitting here doing nothing. and one of our colleagues said, he'd like to debate the budget two weeks from now. why is he putting things off? well, i guess if i had their budget and looked at it compared to our budget, that's what i'd want to do. but that's not fair and that's not right. so i just came to the floor to join my colleague from washington in pleading with our colleagues, let's have a real debate on the budget. the lines are squarely -- are sharply drawn. our budget and your budget contrast. let the american people hear the debate and decide who they like. we're pretty confident they'd like ours better. you no longer have the talking point, we don't have a budget. so instead you're preventing us from talking about our budget. it is not fair, not right, and doesn't really help the process. so i would hope that i know there are some members
economy and creates good jobs that american people need to support their families. we must balance our budget for our students. those who are currently in our universities and community colleges should feel confident that an investment in their education will lead them to good-paying jobs when they graduate. a balanced budget gives them that confidence that their future will not be threatened by staggering debt. most important we must balance our budget for our children and grandchildren who deserve the same chance of the american dream that we have been given. rather than handing them a bill for this generation's irresponsibility, a balanced budget will allow us to hand them a brighter future, an american future. our budget, a balanced budget, represents a departure from the status quo here in washington and it represents house republicans' commitment to moving our nation forward in a fiscally responsible way. i urge my colleagues to support this resolution and i yield back my time. the speaker pro tempore: the gentleman yields back. the chair recognizes the gentleman from maryland, m
goals. the coalition drawdown will have an impact on afghanistan's economy which is likely to decline after 2014. in pakistan, the government has made no effort to institute -- this past year, the pakistani armed forces continued operations in tribal areas which have been safe havens for al qaeda and the taliban. pakistan saw fewere domestic attacks from the militant group. violence, corruption and this cretinism in africa will threaten u.s. interests this year -- and extremism in africa will threaten u.s. interests this year. we still see a result conflict between sudan and south sudan, extremist attacks in nigeria, a persistent conflict in central africa. china is supplementing its more invest military capabilities but altering maritime law enforcement to support its claims in the south and east tennessee's. it continues its informations dealing campaigns. russia will continue to resist putting more international pressure on syria or iran and display its sensitivity to missile defense. latin america and caribbean contend with weak institutions and trafficking which pose a threat to
of the total economy were over 20%. in this republican fantasy land budgets are balanced with revenues at 19% of the economy, yet meeting the needs of 78 million more seniors and a infrastructure deficit that is growing as america is falling apart. clearly this is not remotely possible if we are going to enjoy anything like our current quality of life. there is a real world intersection of budget saving opportunities with potential areas of agreement. health care reform is one. but not just by shifting the burden to seniors and disabled as the republicans propose in their fantasy budget. my home state of oregon is the middle of an exciting demonstration of how to squeeze out the waste we all know is there and realign incentives. instead of the empty ritual of pretending to repeal obamacare, let's work together to accelerate reform for all americans. if the oregon experiment works, and frankly many of these efeshencies by the way are already achieved in other parts of the country and with some private health systems, we could save more than $1.2 trillion that is the flawed sequester is suppos
the true engine of america's economic growth. a rising, thriving middle class and an economy built on innovation. in my state of the union address, i said our most important task was to drive that economic growth and i meant it. every day we should be asking ourselves three questions. how do we make america a magnet for good jobs? how do we equip our people with the skills and training to do those jobs? and how do we make sure that hard work leads to a decent living? those of you who have chairs, i was not sure everybody had chairs there. please feel free to sit down there. i'm sorry. everybody was standing. i thought -- one of the effects of the sequester, you had to -- get rid of chairs. that's good. i'm glad we got some chairs. so i chose argonne national lab because right now, few areas hole more promise for creating good jobs and growing our economy than how we use american energy. after years of talking about it, we're finally poised to take control of our energy future. we produce more oil than we have in 15 years. we import less oil than we have in 20 years. we've doubled t
the economy moving and get jobs back and i spent hours this week in a budget committee and will be going back soon and the budget is on the floor next week, and those will continue to be the issues i put my primary focus on. >> what do you say to a gay constituent in ohio who says i am so glad he changed his position, and why didn't he as my representative care about my rights before? >> i would say that i had a change on heart based on a personal experience, and that's certainly true. dick cheney had a similar experience and i talked to him about this, and it was not an issue i gave much thought to, and maybe i should have, and i got into public service because of my concern on the economic and budget issues and that has always been my focus. >> and the very last question i will ask was going to be about dick cheney. did you call him for advice because he had a situation very similar? >> yeah, i spoke to him penally. >> what did he tell you? >> rob, do what is in your heart, you know. i mean, he was -- he was a good person to talk to because he also was surprised by the news, and in that cas
economy is broken, people are harmless to improve their communities, our best days are behind us and the nation we know and love is in decline. negativity can have even the most positive among us wondering if it is worth it to get out of bed. i have had those days where keeping the covers over my head all they sounded tempting. you from myor haitian-american communities who latino-american friends, there is great coause for confidence. confidence for our ability to restore the economy and bring greatest to this nation again. this is the united states of america and we have never been a nation of fear, blame, or failure. [applause] i am here today able to speak to you and serve in my community because i was raised by people. i was raised by the community. i was not raised by the federal government. at the republican national convention i mentioned that the american determination is found in every channel who looks at the seemingly impossible -- every child who looks at the seemingly impossible and says "i can do that." that is the confidence we need to restore to our nation. true
see the economy take off mr. mr. norquist? >> guest: okay, we haven't had trillion dollars spending cuts that we had an agreement by the president of the united states forced on them by the republicans to reduce spending over the next decade by a trillion dollars, so 100 million a year. they haven't started yet and they're just beginning to kick in. this a quest or is an additional $1.2 trillion over the decades to what the republicans want in the state battle we had in 2011, the budget control act was obama needs the debt ceiling to be increased because we spent so much money and republican said okay, we will raise the debt ceiling so the country doesn't default but only if you agree to a dollar for dollar reduction in spending over the next decade. that $2.5 trillion in spending restraints, not real cuts, spending, less than obama had hoped but in washington that is called a cut. if you want 10 of something and you only got eight of something, you walked away with eight but so that was the $2.5 trillion spending reduction over the next decade. it hasn't happened yet. we have sever
will we see the economy take off, mr. norquist? >> guest: okay. we haven't had a trillion dollar in spending cuts what we had was an agreement by the president of the united states forced on him by the republicans to reduce spending over the next decade by a trillion dollars. so that's $100 billion a year. and those cuts haven't started happening yet. they're just beginning to kick in. the sequester is an additional $1.2 trillion over the decade. so what the republicans won in that big battle we had in 2011, the budget control act, was that obama wanted to keep spending, and he needed the debt ceiling to be increased because he'd spent so much money. and the republicans said, okay, we'll raise the debt ceiling is so the country doesn't default, but only if you agree to a dollar-for-dollar reduction in spending over the next decade. and so we got $2.5 trillion in spending restraint. not real cuts, spending less than obama had hoped in. in washington that's called a cut. if you wanted ten of something and you only got eight of something, you go i got cut too. actually, you walked a
. and the federal government last year in the midst of this terrible recession, the midst of this difficult economy, added $33.9 billion in additional costs through regulatory activity that's going to take 81 million hours to complete. let's do some back of the envelope math, mr. speaker. 81 million hours. the average work year, 40 hours a week, you work 50 weeks a year, that's 2000 hours. 000 hours. that's 40,000 people. who will spend every working all of every working day year long just to meet the new federal regulatory burden. mr. speaker, i don't wonder why it is that entrepreneurial activity is the lowest it's been since we began keeping records. the wonder is that folks are still trying at all. i had someone say that to me, mr. speaker. i was visiting with a group of honor students. i represent two counties in the north metro atlanta area. we were talking about what you want to do when you grow up. we were talking about america as a land of opportunity where you can do anything you want to do. where it's our birthright to be filled with opportunities that our parents never dreamed of having
this economy, the obama economy on its way back. happy. are you ready for this? are you ready, dan? a happy friday. ♪ alleluia. ♪ >> bill: friday march 15th. ♪ alleluia. ♪ >> favorite day around the full court press. it seems like this friday was a long time in coming. i don't know. maybe it's because this week -- this was a 5-day work week for me. >> appear 5-day work week >> bill: i didn't get to take a couple of days off this week. great to see you this friday. thank you for joining us here and being part of the full court press as we come to you live on current tv, as we come to you live on your local progressive talk radio station where you happen to be in this great land of ours, whether it's los angeles or chicago or asheville, north carolina or buffalo, new york or any spot in between or -- and how about madison wisconsin? didn't mean to check over that. a lot of great places. also, coming to you live on sirius xm, this hour only. lots to talk about. a lot that you are going to want to comment on. we will give you a lot of different ways to
this was a vision, if we can get it implemented, really would allow america to take off. our economy is recovering. it is resilient. but it not yet where it need to be. we've got millions of people who are still out of work or underemployed. we've still got businesses that could be thriving if we're able to make sure washington doesn't engage in self-induced crises. we'll have a lot of work to do. let's face it, there's still a lot of divisions and arguments here in washington. doing our h we are very west to reach out to the other side, and i think there's a genuine desire on the part of republicans and democrats to try to get something done, i think there is a weariness among membership in the senate and the house about this constant grind, day in and day out of argument and crises instead of productivity and movement forward. the politics of a lot of these issues is tough. and members sometimes are scared about making the right decisions. and they're particularly scared because they're subject to pressure from special interest groups and well financed organizations that may be pushing in a diff
and the economy, the republican budget again calls for its repeal. in addition, their budget ends medicare as we know it, and surprise, surprise, turning it into a voucher program that reduces benefits and leaves seniors paying higher out-of-pocket costs. while this budget blueprint is still lacking in specific details, it is clear that in order to meet the spending targets it outlines, house republicans will slash investments in key areas that are essential to economic growth and job creation, education, job training, science and research will all be on the chopping block in order to reduce the deficit with little regard for the jobs that would be lost and the impact it would have on our nation's competitiveness. the republican budget factors and the sequestration's arbitrary cuts over the next decade, something else that's being rejected by the american people. for new mexico, this means more cuts to education targeted at low-income and special needs children. painful cuts to tribal communities that jeopardizes our responsibilities to indian country with our trust responsibilities, and cuts th
the world has changed in the last ten years. the global economy is real. we don't live in a national economy anymore. everything you buy, everything you sell, everything you touch, it's all impacted by things that are happening halfway around the world. the information age is real that's made our lives easier. it's allowed you right now to take pictures with your phones and tweet every word i say for or against me. it's changed the world. and it's made our life easier. it's also changed our economy. you go into a grocery store today and you will find machines doing the jobs that people once used to do. you find a day in many businesses that one person because of automation can do the work five people used to do. it's the work around us that's changed. and this has had an impact on our people. on our hard working people. many have seen jobs wiped out. jobs they've been doing for 20 years disappeared overnight. many of them -- and many of them do things the right way. for example, they pay their mortgages on time. and now when the housing bubble came they were stuck with a bill for bailing out
to produce acompromise. and that would be a good thing for the american economy and a good thing for the american middle class. >> are there any indicators at this juncture that there are some come grounds being found? >> i think you saw with the dinner with the group of senatoring saying they would be willing to consider a balanced approach, consider revenue from tax reform coupled with, you know, a savings generated with entitlement reform and that's essentially the president's position and what he's put forward in his proposal. we'll see. the gap is wide. we saw with the house republican budget proposal presented this week by chairman paul ryan that there are -- there's a huge chasm in terms of at least the president's view and the view of a lot of folks in the country and also in the senate versus the house republican view, which is basically to have all the burden of deficit reduction be bourn by senior citizens, by voucherizing medicare, by families that depend on assistance for education and assistance for helping their elderly parents and nursing homes, basically ask all
, in science and research, in education. things that are important to power the economy. our focus has been on jobs first. let's get the economy in full gear. not put the brakes on it. which is what the republicans do. they've gotten austerity budget that according to the nonpartisan congressional budget office, will result in 750,000 fewer jobs bn i end of the year. so we say let's tackle the deficit in a smart way, get people back to work and reduce it over a steady period over a period of time and our comes to balance at the same time that the republicans' budget from last year comes into balance. >> on the issue of revenue, i believe your budget has about $200 billion more in revenue than senator murray's budget in the senate. why did you put that in there considering that republicans are so adverse to any new revenue? >> the budget we have in our democratic proposal. if you take it even together with the revenue from the fiscal cliff agreement, is still less total revenue, luke, than was embedded in the bipartisan simpson-bowles agreement. so we have less revenue proposed by that bipar
sanctions ever. it's having a significant effect. >> on the economy? >> there is the president of the united states saying it could take a year for iran to develop a nuclear weapon. let's discuss what is going on. that's the first time i heard the president give such a specific timeline, within a year or so iran could have a nuclear weapon. that sounds pretty ominous. >> it does sound ominous. what it shows you is what a difficult diplomatic challenge the president has. because they're negotiating with iran through the six-party talks which are taking place in kazakhstan and there the united states has made some offers that are, you know, trying to help iran move to a kind of win-win place. now he is managing the other dimension of this which is israel. he is trying to convince the israelis that he is serious, that he sees that there is not an infinite amount of time, and he said later in the interview all options are on the table. when i say all options i mean military force and we have substantial capabilities. so he's trying to manage the iranian clock as well as the israeli clock. >> so
to traderse it'0 different companies. it gives us a better sense of what is happening with the economy. this index has yet to reach a record high. that is one of the reasons that people of skeptical about this rally. when we start to see this specific index reaching to new territory, that is when we think we'll get a little more conviction about where we're going next. >> this mostly touches people fortunate to have retirement funds, but this next point touches everybody. word pretty much on everything we buy is on the rise? >> biggest increase we have seen in consumer prices in three to four years. so many americans are dealing with smaller paychecks because of the payroll tax cut and with what you have left you are shelling out more money to buy the things you need every day. specifically gasoline prices on the rise, consumer places up .07% in the month of february driven by a 9% rise in gasoline prices. this pretty much explains a big reason why everyday americans aren't participating in this market rally when you are not able to have extra money in your pocket because you are spend
is not to chase a balanced budget just for the sake of balance. my goal is how do we grow the economy, put people back to work and if we do that, we'll be bringing in more revenue if we've controlled spending and we've got a smart entitlement package, then potentially what you have is balance but it is not balance on the backs of the poor the elderly students who need student loans families who have got disabled kids. that's not the right way to balance our budget. >> stay away from entitlement reform because it is a fraud. >> stephanie: yeah. [ ♪ "jeopardy" theme ♪ ] >> stephanie: jim, guess what's good about paul ryan's budget? >> nothing. >> stephanie: guess what's bad about paul ryan's budget? everything. >> wow! you got two in a row right! >> unusual. >> stephanie: i did that with a sledgehammer. would you like the fun facts that think progress brings us the five worst things. i'm not going to go into the details. number one huge tax cuts to the rich and corporations. there is a shock. number two forces seniors to pay more for healthcare. number three cuts food stamps. >> that sounds cra
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